Dimitrij Rupel l. r.
Za Zvezno vlado Zvezne republike Jugoslavije
Goran Svilanović l. r.
The Government of the Republic of Slovenia and the Federal Government of the Federal Republic of Yugoslavia (hereinafter referred to as: the Contracting Parties),
– desirous to develop and enhance long term trade and economic cooperation based on equality and mutual benefit,
– convinced that the present Agreement provides appropriate and stable basis for lasting and effective development and diversification of trade and economic cooperation between the two States,
– in accordance with the applicable laws and regulations of both States and international agreements to which they are Parties, taking into account the practices and standards of the global market as well as the provisions of the agreements concluded under the auspices of the World Trade Organization (hereinafter: the WTO),
have agreed as follows:
Article 1
The Contracting Parties shall promote, support and facilitate further development of trade and economic cooperation between the two States, in accordance with the provisions of the present Agreement and applicable laws and regulations of both States.
Article 2
1. Either Contracting Party shall, in accordance with the principles laid down by GATT-94, grant the other Contracting Party the most-favored-nation treatment for products originating from the territory of the other Contracting Party.
2. The provisions contained in the first paragraph hereof, however, shall not apply to the following:
a) the preferences granted, or which may be granted, by either Contracting Party to any neighboring state with a view to facilitate border traffic;
b) the preferences granted, or which may be granted, by a Contracting Party to third States, based on cooperation within the framework of a customs union and/or a free trade area and/or agreements on regional integrations; and
c) the preferences granted or which may be granted, by either Contracting Party to any developing country under the Agreement on Establishing the WTO and other agreements.
Article 3
The Contracting Parties shall, within their responsibilities, make efforts to secure stable conditions for the development of trade and economic cooperation between the two States, focusing in particular on cooperation in the economic, banking, industrial, technical, scientific and technological domains.
Article 4
With regard to the development of trade and economic cooperation, the Contracting Parties shall encourage mutual exchange of information, particularly concerning their respective legislation and economic programs, as well as other information of mutual interest.
Article 5
1. All payments for the commodities traded between legal and/or physical persons (hereinafter referred to as: entities) shall, in both States, be affected in freely convertible currencies.
2. With a view to facilitating and developing trade and economic cooperation, neither Contracting Party shall hinder commodity exchange among the entities from the States of the Contracting Parties under compensation trading deals, or barter and other contracts, in accordance with their respective legal regulations.
Article 6
The mutual supply of goods shall be based on contracts concluded between the entities of the two States, in accordance with respective laws and regulations thereof, as well as with the customary commercial practices as regards price, quality, delivery and terms of payment.
Article 7
In case of the commodities exported from the State of either Contracting Party to the other Contracting Party at dumping or subsidized prices (and in such a manner that adversely affects the domestic production in the State of the latter Contracting Party), the affected Contracting Party is entitled to take measures in accordance with the general rules and principles of the World Trade Organization.
Article 8
1. The Contracting Parties shall, in accordance with their respective laws and regulations, provide each other assistance in organizing fairs, specialized exhibitions and promotion activities.
2. The Contracting Parties agree to exempt from customs and other import duties, in accordance with their respective applicable laws and regulations, the imports of the following:
a) promotion material, free samples originating from the territory of the other Contracting Party, as well as items acquired in the other Contracting Party for competitions, exhibitions and other events; and
b) commodities and equipment for fairs and specialized exhibitions, not intended for sale.
Article 9
1. For the purpose of implementing the objectives of the present Agreement, the Contracting Parties agree to establish a Joint Slovene-Yugoslav Commission composed of the representatives of both States.
2. The Joint Commission shall meet annually, or when necessary, upon request by either Contracting Party, in the State of either Contracting Party, alternately.
3. With a view to promote and expand trade and economic cooperation between the two States, the Joint Commission shall primarily focus on the following:
a) considering ways and means to encourage and develop trade and economic cooperation between the two States;
b) monitoring the progress of implementation of bilateral agreements concluded between the two States concerning trade and economic cooperation and recommending solutions to the problems which may arise from the implementation of such agreements;
c) identifying areas contributing to the development of trade and economic cooperation and submit its recommendations to the competent authorities of both States;
d) identifying problems hampering bilateral trade and economic cooperation and recommending measures to solve these problems.
4. Joint Commission may adopt its Rules of Procedure.
Article 10
The present Agreement shall be without prejudice to international agreements signed and implemented by the Contracting Parties.
Article 11
Any disputes between the Contracting Parties concerning the interpretation or implementation of the present Agreement shall be settled by consultation or negotiation through diplomatic channels.
Article 12
1. The Contracting Parties shall be entitled to amend any provision of the present Agreement.
2. Any amendment or termination of the present Agreement shall in no way interfere with the fulfillment of obligations arising from the contracts concluded between the economic entities of the two States during the period of the validity hereof.
Article 13
1. This Agreement shall enter into force on the date of receipt of the latter of the notifications exchanged by the Contracting Parties, to the effect that all internal legal requirements for its entry into force have been fulfilled.
2. This Agreement shall be concluded for a one-year period and shall be automatically renewed for successive one-year periods, unless one of the Contracting Parties terminates the Agreement by written notification to the other Contracting Party. In this case the Agreement shall be terminated three months upon the receipt of such notification.
Done at Belgrade on 23 March 2001 in two originals, in the Slovene, Serbian and English languages, all texts being equally authentic. In case of differences in interpretation, the English text shall prevail.
For the Government of the Republic of Slovenia
Dimitrij Rupel, (s)
For the Federal Government of the Federal Republic of Yugoslavia
Goran Svilanović, (s)